Showing posts with label Ron Paul. Show all posts
Showing posts with label Ron Paul. Show all posts

Saturday, January 14, 2012

Why Perry, Gingrich, Huntsman and Santorum Are Not on the Virginia Ballot




Why Perry, Gingrich, Huntsman and Santorum Are Not on the Virginia Ballot


Summary

On January 13, 2012, the Court denied a request, by Rick Perry and other candidates, to order the placement of their names on the Republican primary ballot in Virginia.  The decision was made by Judge John A. Gibney, Jr. of the Richmond Division of the United States District Court for the Eastern District of Virginia.

The original lawsuit was filed by Rick Perry. Newt Gingrich, Rick Santorum and Jon Huntsman also later intervened.

Virginia requires 10,000 valid signatures for a candidate to be placed on the ballot. The petitions can only be circulated by Virginia residents.  Perry, Gingrich, Huntsman and Santorum did not have the required number of valid signatures by the deadline of December 22, 2011.

All of them submitted fewer than 10,000 total signatures, except possibly Gingrich, who claims to have submitted 11,050.

Judge Gibney believed it would likely be declared unconstitutional to require the petitions to be circulated by Virginia residents, but he did not think the 10,000 signature requirement was unconstitutional.  He denied their request to be placed on the ballot because he felt the candidates should have filed suit earlier and the Court would have ordered the Board of Elections to not enforce the residency requirement. Then the candidates would have still been able to meet the 10,000 signature requirement before the deadline.

Basically they waited too long to file suit about the residency requirement, and now it’s too late for them to collect the 10,000 signatures to get themselves on the ballot before the January 21 deadline for absentee ballots to be mailed.  It's even too late for them to revise the absentee ballot in time to meet their deadline.


Virginia's 10,000 Signature Requirement

Candidates must file a petition "signed by at least 10,000 qualified voters, including at least 400 qualified voters from each congressional district in the Commonwealth." 

Code of Virginia § 24.2-545(B) 

The deadline to file the petitions with the State Board of Elections was December 22, 2011.

Rick Perry filed petitions with fewer than 10,000 signatures.

Newt Gingrich claimed to have filed 11,050 signatures. Virginia State Board of Elections stated that fewer than 10,000 were valid, but they didn't know the precise number of signatures.

Jon Huntsman did not file any petitions because he didn't have the 10,000 signatures.

Rick Santorum says he submitted more than 8,000 signatures, but he claims his petitions were denied because they didn't have 10,000 total signatures.

Generally, candidates try to collect more than the required number of signatures, in case some of the signatures are invalid.  Newt Gingrich is the only one who might have collected more than 10,000 total signatures.  The rest of the candidates collected fewer than 10,000 signatures.

The candidates complained that the 10,000 signature requirement is unconstitutional as unreasonably burdensome.  Also, they complained that they couldn't get the 10,000 signatures because of Virginia's residency requirement.


Virginia's Residency Requirement

According to the Virginia State Board of Elections, the person who circulates the petition must sign an affidavit at the bottom the petition: 

(i) My resident address is ____

(ii) I am, or I am eligible to be, a registered and qualified voter in Virginia in the County/City of ____

(iii) I am, or eligible to be, qualified to vote for the office for which this petition is circulated

(iv) I personally witnessed the signature of each person who signed this page or its reverse side. 

http://www.sbe.virginia.gov/cms/documents/20120306SBE-545_letter.pdf 

Basically the petition circulators must be Virginia residents.

The candidates claim they could have met the 10,000 signature requirement if they had been able to use non-residents to circulate petitions in Virginia.

Joe Allbaugh, the national campaign chair for Rick Perry, testified that Perry has thousands of out-of-state volunteers lined up to circulate petitions in Virginia.

Blake Harris, the ballot access coordinator for the Huntsman campaign, testified that buses of college students from Washington, D.C. were available as petition circulators.

Mark Tate, the Virginia ballot access coordinator for Santorum for President, listed five individuals who collected signatures in Virginia that were unable to be counted because of the residency restriction. 

Judge Gibney's Findings

http://docs.justia.com/cases/federal/appellate-courts/ca4/12-1042/12/ 

The Court believes that the residency requirements for petition circulators will likely be declared unconstitutional, and the plaintiffs will ultimately prevail. (p. 18) 

The Court finds that the plaintiffs are not likely to prevail on their challenge to the 10,000 signature requirement.  The Court, therefore, cannot fashion relief that does not include compliance with the 10,000 signature requirement. (p. 20) 

Had the case been timely filed, the Court would have ordered the defendants not to enforce the residency requirement for petition circulators, and the plaintiffs could have tried, with the expanded pool of campaign workers, to get the 10,000 signatures. (p. 22) 

The plaintiffs have waited too long to file, and the doctrine of laches bars their claim.  The Commonwealth is far along in the electoral process.  The primary election is so close that the plaintiffs cannot gather the requisite signatures to get on the ballot. (p. 22)

The hearing was January 13.  Virginia’s primary is March 6.  That is 53 days later.  Is the election too close that the plaintiffs cannot gather the rest of their signatures in time to get on the ballot?

The answer lies with absentee ballots.

Absentee Ballots

Judge Gibney noted: 

To comply with federal law, absentee ballots must be distributed on or before January 21, 2012. (p. 11)

According to the Uniformed and Overseas Citizens Absentee Voting Act, 42 U.S.C. §1973ff-1(a)(8)(A), absentee ballots must be mailed “at least 45 days before an election for Federal Office, not later than 45 days before the election.”

The Virginia primary is March 6.  45 days before that day is January 21.  This hearing was on January 13. 

Don Palmer, the Secretary of the State Board of Elections, testified that "as of this date, absentee ballots cannot be prepared before they must be available." (p. 11)

Saturday, December 17, 2011

Calculate Your Income Tax Under the GOP Candidates' Plans




Calculate Your Income Tax Under the GOP Candidates' Plans


Use this calculator to find out how much income tax you would pay under the tax plans of Newt Gingrich, Jon Huntsman, Rick Perry or Ron Paul.  Simply fill in your 2011 income and filing status and click the "Calculate" button to see the results.  You may also claim your spouse, children or other deductions by filling in the respective fields.


Enter your values for the 2011 tax year


Income:

Spouse
Number of Children:

Mortgage Interest:
State and Local Taxes:
Charitable Contributions:
Capital Gains and Dividends:

Filing Status:

Single
Married filing jointly
Married filing separately
Head of household (with qualifying person)
Qualifying widow(er) with dependent child





Results


Newt Gingrich:

Rick Perry:

Ron Paul:

Jon Huntsman:


Michele Bachmann, Gary Johnson, Mitt Romney, Rick Santorum do not have specific enough plans to calculate.





Link to this article:

http://articlesonpolitics.blogspot.com/2011/12/calculate-your-income-tax-under-gop.html

Tuesday, December 13, 2011

The Republican Candidates Individual Income Tax Plans




The Republican Candidates Individual Income Tax Plans


Michele Bachmann

We need to reduce the number of tax brackets.

http://www.michelebachmann.com/issues/americanjobsrightnow/

It appears to be the closest to Jon Huntsman’s plan.  Although she never mentions eliminating any deductions and credits. 

Newt Gingrich

Newt Gingrich’s individual income tax plan is a 15 percent optional flat tax with some deductions and credits.

Here is a more detailed analysis:

http://articlesonpolitics.blogspot.com/2011/12/analysis-of-newt-gingrichs-individual.html 

Jon Huntsman

Jon Huntsman’s individual income tax plan eliminates all deductions and credits (besides the standard deduction and exemption) and reduces the marginal tax rates to 8, 14 and 23 percent.

Here is a more detailed analysis:

http://articlesonpolitics.blogspot.com/2011/12/analysis-of-jon-huntsmans-individual.html

Gary Johnson

Simplify the tax code; stop using it to reward special interests and control behavior.

http://www.garyjohnson2012.com/issues/economy-and-taxes

Mitt Romney

Pursue a conservative overhaul of the tax system over the long term that includes lower, flatter rates on a broader base.

http://www.mittromney.com/jobs/tax

Ron Paul

Ron Paul’s individual income tax plan is eliminating the individual income tax.

Here is a more detailed analysis:

http://articlesonpolitics.blogspot.com/2011/12/analysis-of-ron-pauls-individual-income.html

Rick Perry

Rick Perry’s individual income tax plan is a 20 percent optional flat tax with a few deductions.

Here is a more detailed analysis:

http://articlesonpolitics.blogspot.com/2011/12/analysis-of-rick-perrys-individual.html

Rick Santorum

Rick Santorum’s individual income tax plan is:
  • Cut the number of tax rates to 2 rates - 10% and 28%
  • Triple the personal deduction for each child
  • Eliminate marriage tax penalties
  • Retain deductions for charitable giving, home mortgage interest, healthcare, retirement savings, and children
http://www.ricksantorum.com/pressrelease/santorum-releases-made-america-plan-revitalize-us-economy.

 

Link to this article:


http://articlesonpolitics.blogspot.com/2011/12/republican-candidates-individual-income.html

Republican Candidate’s Effective Individual Income Tax Rates




Republican Candidate’s Effective Individual Income Tax Rates


Summary

For singles, Ron Paul has the lowest rates for most incomes, except the lower incomes because they get the Earned Income Tax Credit.

For married couples with no children, Ron Paul has the lowest rates for most incomes, except the lower incomes because they get the Earned Income Tax Credit.  Although, both Ron Paul and Newt Gingrich have a 0 percent rate between $20,000 and $40,000 ($60,000 if they take all the deductions.)

As far as married couples with children, for those who deduct mortgage and charitable contributions, Newt has the lowest tax rates for those lower than around $70,000 to $80,000 (depending on family size), after which Ron Paul has the lower rates.

For those who only take the standard deduction, Newt has the lowest rates for those below around $55,000 to $70,000, and Ron Paul has the lowest rates for those above. Jon Huntsman does have a lower rate than Newt between around $100,000 and $200,000.

Ron Paul

Ron Paul’s plan is simple.  It eliminates the income tax, so everybody pays a 0 percent rate.

Rick Perry

To calculate the taxes under Rick Perry’s plan, the income was subtracted by the $12,500 standard exemption ($25,000 for married couples and $12,500 per dependent or child.) For those who itemize, the average mortgage interest, state and local taxes and charitable contribution deductions were taken from the IRS statistics for 2009. Those with the standard deduction only deducted state and local taxes.  The remainder is the taxable income, which was multiplied by 20 percent to get the total tax.
 
Here are the effective 2010 tax rates for those who only take the standard exemption and deduct the average state and local taxes:

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 0.00% 4.29% 9.32% 11.71% 13.06% 13.90% 14.77% 15.07% 15.62% 15.28% 16.39% 17.34% 17.83%
0 0.00% 0.00% 0.99% 5.46% 8.06% 9.73% 11.20% 11.95% 12.84% 12.78% 15.14% 16.84% 17.58%
married 1 0.00% 0.00% 0.00% 0.00% 3.06% 5.57% 7.63% 8.82% 10.06% 10.28% 13.89% 16.34% 17.33%
filing 2 0.00% 0.00% 0.00% 0.00% 0.00% 1.40% 4.06% 5.70% 7.29% 7.78% 12.64% 15.84% 17.08%
jointly 3 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.49% 2.57% 4.51% 5.28% 11.39% 15.34% 16.83%

Here are the effective 2010 tax rates for those who also deduct the average mortgage interest and charitable contributions:

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 0.00% 0.00% 2.42% 6.08% 8.41% 9.69% 11.16% 11.61% 12.54% 11.83% 13.57% 15.38% 16.32%
0 0.00% 0.00% 0.00% 0.00% 3.41% 5.52% 7.59% 8.48% 9.76% 9.33% 12.32% 14.88% 16.07%
married 1 0.00% 0.00% 0.00% 0.00% 0.00% 1.35% 4.02% 5.36% 6.99% 6.83% 11.07% 14.38% 15.82%
filing 2 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.45% 2.23% 4.21% 4.33% 9.82% 13.88% 15.57%
jointly 3 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.43% 1.83% 8.57% 13.38% 15.32%

Newt Gingrich

To calculate the taxes under Newt Gingrich’s plan, the income was subtracted by the $12,000 personal deduction ($48,000 for married couples.) For those who itemize, the average mortgage interest and charitable contribution deductions were taken from the IRS statistics for 2009 (which is the latest version.)  The remainder is the taxable income, which was multiplied by 15 percent to get the total tax.  Then the Child Tax Credit and Earned Income Tax Credit were subtracted from the tax, where applicable.

Here are the effective 2010 tax rates for those who only take the standard personal deduction:

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 -2.60% 6.00% 9.00% 10.50% 11.40% 12.00% 12.43% 12.75% 13.00% 13.20% 14.10% 14.64% 14.82%
0 -4.50% 0.00% 0.00% 0.00% 0.60% 3.00% 4.71% 6.00% 7.00% 7.80% 11.40% 13.56% 14.28%
married 1 -30.50% -15.25% -5.60% -0.20% 0.00% 1.33% 3.29% 4.75% 5.89% 6.80% 11.40% 13.56% 14.28%
filing 2 -40.10% -25.15% -10.77% -2.80% 0.00% 0.00% 1.86% 3.50% 4.78% 5.80% 11.40% 13.56% 14.28%
jointly 3 -45.10% -28.30% -12.87% -4.38% 0.00% 0.00% 0.43% 2.25% 3.67% 4.80% 11.40% 13.56% 14.28%

Here are the effective 2010 tax rates for those who also deduct the average mortgage interest and charitable contributions:

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 -2.60% 0.00% 3.83% 6.28% 7.91% 8.84% 9.72% 10.15% 10.69% 10.61% 11.99% 13.17% 13.69%
0 -4.50% 0.00% 0.00% 0.00% 0.00% 0.00% 2.01% 3.40% 4.69% 5.21% 9.29% 12.09% 13.15%
married 1 -30.50% -15.25% -5.60% -0.20% 0.00% 0.00% 0.58% 2.15% 3.58% 4.21% 9.29% 12.09% 13.15%
filing 2 -40.10% -25.15% -10.77% -2.80% 0.00% 0.00% 0.00% 0.90% 2.47% 3.21% 9.29% 12.09% 13.15%
jointly 3 -45.10% -28.30% -12.87% -4.38% 0.00% 0.00% 0.00% 0.00% 1.36% 2.21% 9.29% 12.09% 13.15%

Jon Huntsman

To calculate the taxes under Jon Huntsman’s plan for 2010, the income was subtracted by a $3,650 exemption for the individual, spouse and children. Then it is subtracted by the standard deduction, which is $5,700 for singles and  $11,400 for married filing jointly. The result is the taxable income.  The tax brackets shown in the previous sections were used to calculate the tax.  The first $34,000 ($68,000 for married) of taxable is taxed at 8 percent.  After that, the taxable income is taxed at 14 percent, if there is any, and so on according to the rates.

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 0.52% 4.26% 5.51% 6.13% 7.30% 8.42% 9.22% 9.81% 10.28% 10.65% 13.17% 19.07% 21.03%
0 0.00% 0.52% 3.01% 4.26% 5.01% 5.51% 5.86% 6.13% 6.56% 7.30% 10.65% 17.56% 20.28%
married 1 0.00% 0.00% 2.04% 3.53% 4.42% 5.02% 5.45% 5.77% 6.01% 6.79% 10.40% 17.39% 20.19%
filing 2 0.00% 0.00% 1.07% 2.80% 3.84% 4.53% 5.03% 5.40% 5.69% 6.28% 10.14% 17.22% 20.11%
jointly 3 0.00% 0.00% 0.09% 2.07% 3.26% 4.05% 4.61% 5.04% 5.36% 5.77% 9.88% 17.05% 20.03%

Comparison of All the Effective Rates

Here are the numbers in charts:


Ron Paul has the lowest rates for most incomes, except the lower incomes because they get the Earned Income Tax Credit.

Besides Ron Paul, for those who deduct mortgage and charitable contributions, Newt has the lowest tax rates up until around $20,000.  After that it is Rick Perry until around $40,000.  After that it is Jon Huntsman until the income is into the six figures when it becomes Newt Gingrich again.

However, for those who only take the standard deduction it is Newt until $15,000.  Then it is all Jon Huntsman until the income is in the six figures when it becomes Newt again.



Ron Paul has the lowest rates for most incomes, except the lower incomes because they get the Earned Income Tax Credit.

Besides Ron Paul, for those who deduct mortgage and charitable contributions, Newt has the lowest tax rates the whole time.

For those who only take the standard deduction, Newt is still the lowest, except between $80,000 and $200,000 when Jon Huntsman has the lowest rates.



For those who deduct mortgage and charitable contributions, Newt has the lowest tax rates for those lower than around $70,000.  Ron Paul has the lower rates above $70,000.

For those who only take the standard deduction, Newt has the lowest rates for those below around $55,000, and Ron Paul has the lowest rates for those above. Jon Huntsman does have a lower rate than Newt between around $100,000 and $200,000.

This chart shows why the previous chart was cut off at –10.00%:






For those who deduct mortgage and charitable contributions, Newt has the lowest tax rates for those lower than around $75,000.  Ron Paul has the lower rates above $75,000.

For those who only take the standard deduction, Newt has the lowest rates for those below around $60,000, and Ron Paul has the lowest rates for those above. Again, Jon Huntsman does have a lower rate than Newt between around $100,000 and $200,000.

This chart shows why the previous chart was cut off at –10.00%:






For those who deduct mortgage and charitable contributions, Newt has the lowest tax rates for those lower than around $80,000, after which Ron Paul has the lower rates.

For those who only take the standard deduction, Newt has the lowest rates for those below around $70,000, and Ron Paul has the lowest rates for those above. Again, Jon Huntsman does have a lower rate than Newt between around $100,000 and $200,000.

This chart shows why the previous chart was cut off at –10.00%:

 

Link to this article:

http://articlesonpolitics.blogspot.com/2011/12/effective-tax-rates-for-all-plans.html

Friday, December 9, 2011

Analysis of Ron Paul’s Individual Income Tax Plan




Analysis of Ron Paul’s Individual Income Tax Plan


Summary

Ron Paul proposes eliminating the individual income tax.  This will give huge tax breaks to the wealthy and middle income taxpayers.  However, this could end up costing lower income households thousands of dollars. 
  • Nobody pays any income tax.
  • Ron Paul’s plan is actually similar to the other flat tax proposals.
  • It gives huge tax breaks to the wealthy.
  • It takes thousands of dollars away from lower income households because they lose refundable tax credits, like the Earned Income Tax Credit and the Child Tax Credit, which give refunds to those who pay no tax.
  • A family of 5 with an income of $20,000 would lose over $8,000 in refundable tax credits.
  • Besides that, everyone else receives large tax breaks.  They get larger as income increases and family size decreases.

What is Ron Paul’s Individual Income Tax Plan?

Ron Paul's tax plan is to eliminate the income tax:

As President, Ron Paul will support a Liberty Amendment to the Constitution to abolish the income and death taxes.  And he will be proud to be the one who finally turns off the lights at the IRS for good.

http://www.ronpaul2012.com/the-issues/taxes/

On the surface, it seems simple.  However there are a few issues worth mentioning.
 
How much do people pay under Ron Paul’s Plan?

The income tax is eliminated, so everybody pays $0.
 
How Does Ron Paul’s Plan Compare to the Current Tax Code?

The 2010 taxes under the current tax code are calculated using only the standard deduction and personal exemptions.  The Child Tax Credit and Earned Income Tax Credit were taken where possible. For those who itemize deductions, the average total itemized deductions from the IRS statistics for 2009 (which is the latest version) were used instead of the standard deduction.
 
Here is how much people would have gained under Ron Paul’s income tax plan in 2010 if they only took the standard deduction:
 

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 ($197) $1,183 $2,683 $4,183 $6,350 $8,850 $11,350 $13,850 $16,350 $19,098 $48,031 $149,371 $324,371

0 ($457) $131 $1,133 $2,361 $3,861 $5,361 $6,861 $8,261 $9,894 $12,194 $39,008 $138,763 $313,763
married 1 ($4,050) ($4,050) ($1,913) $731 $2,314 $3,814 $5,314 $6,714 $8,014 $10,281 $37,986 $137,486 $312,486
filing 2 ($5,060) ($7,036) ($4,829) ($1,723) $766 $2,266 $3,766 $5,166 $6,466 $8,369 $36,964 $136,500 $311,208
jointly 3 ($5,561) ($8,216) ($6,826) ($3,718) ($781) $719 $2,219 $3,619 $4,919 $6,456 $36,413 $136,500 $309,931

Red numbers in parenthesis means they lose money under Ron Paul’s plan.
 
Here are the gains for those who also itemize their deductions at the average rate:
 

Children $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $200,000 $500,000 $1,000,000
single 0 ($263) $34 $1,130 $2,503 $4,003 $5,363 $7,863 $9,725 $12,225 $13,025 $34,373 $115,837 $265,775

0 ($457) $0 $738 $1,583 $2,826 $4,124 $5,624 $6,641 $7,941 $8,221 $27,885 $107,223 $257,161
married 1 ($4,050) ($4,050) ($2,308) $135 $1,279 $2,576 $4,076 $5,094 $6,394 $6,674 $26,863 $105,946 $255,884
filing 2 ($5,060) ($7,036) ($5,226) ($2,273) ($269) $1,029 $2,529 $3,546 $4,846 $5,126 $25,932 $105,185 $254,606
jointly 3 ($5,561) ($8,216) ($6,862) ($4,268) ($1,652) ($519) $981 $1,999 $3,299 $3,579 $25,019 $105,185 $253,329

Let’s look at the numbers in a chart:


This is why the chart doesn't include $200,000 and above:



Looking at both ends it seems very similar to the other plans.  It gives huge tax cuts to the rich, and ends up costing the poor more money.  The reason the poor lose so much money under Ron Paul’s plan is they currently receive refundable tax credits.  In other words, they get money back even when they don’t pay taxes.  The Earned Income Tax Credit and the Child Tax Credit give these households as refund check worth thousands of dollars.
 
Unique Features of the Plan

As previously mentioned, no income tax means eliminating taxes for a lot of people, but it also eliminates the refundable tax credits, such as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC.)  These credits provide refunds to those who already don't pay any income tax, especially lower income families.  Low income families can usually eliminate their taxable income through exemption, deductions and credits.  

After that, they rely on the EITC and the CTC to give them a refund.  A large family can receive thousands of dollars in refunds.  As shown in the tables, a family of 5 with a $20,000 income receives over $8,000 in refundable tax credits.  They lose that money under Ron Paul's plan.


It's not just low income families.  The EITC is typically for those near the poverty threshold, but the Child Tax Credit is available to middle income families.  A family gets $1,000 per child in tax credits.  If that family is able to reduce their tax to below $0 through that credit and other deductions, credits, exemptions, etc., they can get a refund for that amount.  That is why a family with 3 children and an income of $60,000, who itemizes their deductions at the average rate for 2009, still loses over $500 under Ron Paul's plan.

It's not unusual.  Most flat tax plans tend to ignore the EITC and the CTC.





Link to this article:

http://articlesonpolitics.blogspot.com/2011/12/analysis-of-ron-pauls-individual-income.html

Monday, December 5, 2011

Which Republican Candidate’s Tax Plan Do You Prefer? (Quiz)




Which Republican Candidate’s Tax Plan Do You Prefer?


How would you change corporate taxes?

  Eliminate the corporate income tax.
  Cut corporate tax rates.
  None of the Above.

How would you change the Capital Gains Tax?

  Eliminate the Capital Gains Tax.
  Eliminate the Capital Gains Tax for incomes of $200,000 and below.
  Lower the Capital Gains and Dividend tax rates to 12%.
  None of the Above.

How would you change the Estate Tax?

  Eliminate the Estate Tax.
  None of the Above.

How would you change the individual income tax?

  Eliminate the individual income tax.
  Provide an optional flat income tax.
  Lower and flatten the individual income tax rates.
  Simplify the tax code; stop using it to reward special interests and control behavior.
  Eliminate all deductions and credits in favor of three lower rates of 8%, 14% and 23%.
  None of the Above.

Select all additional tax measures you would support

  Eliminate taxes on tips.
  Eliminate the tax on Social Security benefits.
  Move to a territorial tax system for corporate taxes - don't tax foreign income.
  Stop the 2013 tax increases.
  Eliminate corporate loopholes and special interest tax breaks.
  Eliminate the Alternative Minimum Tax.
  Eliminate the corporate income tax for manufacturers.
  Increase the Research & Development Tax Credit from 14% to 20%.
  Allow for 100% expensing of new equipment.
  Repeal taxes outlined in Obamacare.





Results

You chose:



Here is what percent of each plan you liked:

Michele Bachmann
0%

Newt Gingrich
0%

Gary Johnson
0%

Jon Huntsman
0%

Ron Paul
0%

Rick Perry
0%

Mitt Romney
0%

Rick Santorum
0%

Go here to see the answer key:

http://articlesonpolitics.blogspot.com/2011/12/answer-key-to-republican-candidates-tax.html






Link to this article:

http://articlesonpolitics.blogspot.com/2011/12/which-candidates-tax-plan-do-you-prefer.html